Egypt imports the equivalent of an average of $7 billion a month in goods and products from abroad, with an annual total estimated at more than $70bn.
10.12.2023
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The exchange rate of the Egyptian currency will remain within the range of 31 pounds to the dollar at the beginning of next year.
10.12.2023
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News by
Egypt Independent
As Egypt explores the possibility of introducing its digital pound, here are 10 essential facts that readers need to know about this.
Papers by
Egypt Business Directory
In October, Egypt's NIR also witnessed a growth, to reach $35.1 billion compared to $34.97 billion in September, as reported by the CBE.
08.12.2023
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News by
Egypt Today
The IMF is currently discussing with Egyptian authorities providing additional financing to ensure the successful implementation of the policy package
08.12.2023
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Ahram Online
The Egyptian government’s revenues surged 29.5 percent year-on-year to EGP 335.13 billion ($10.83 billion) during the first three months of FY23/24.
07.12.2023
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Ahram Online
Egypt’s budget deficit will increase by one percent in the fiscal year (FY) 2023/2024 to account for 7.1 percent of GDP, up from 6.1% in FY22/23.
07.12.2023
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News by
Ahram Online
AUC announced that Sherif Kamel, dean of the School of Business Administration, has joined the Board of Directors of the CBE.
07.12.2023
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News by
Ahram Online
Egypt is also considering issuing a second “sukuk” tranche and issuing sustainability bonds ranging from $500 million to one billion dollars next year
07.12.2023
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News by
Egypt Independent
Kristalina Georgieva expects the fund to increase the value of the loan provided to Egypt due to the impact of external factors on its economy.
06.12.2023
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News by
Ahram Online
IFC partnered with Al Baraka Bank Egypt to offer $50 million in finance for Egyptian micro, small and medium-sized enterprises.
06.12.2023
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News by
Ahram Online
CBE sold on Monday $990 million in USD-denominated treasury bills (T-bills) with a one-year maturity, according to the bank’s website.
06.12.2023
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News by
Ahram Online
The agency allocated EGP 25bn for micro-projects, benefiting around 1.713 million projects and providing 2.53 million job opportunities.
06.12.2023
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News by
Daily News Egypt
Egypt’s budget deficit rose to 3.85 percent of GDP during the first quarter (July-September) of FY 2023/2024, up from 2.05 percent.
05.12.2023
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News by
Ahram Online
Global payment technology company MasterCard has entered into a strategic alliance agreement with the Egyptian digital payment company MDP.
05.12.2023
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News by
Ahram Online
Egypt’s tax revenue jumped 34.83 percent on an annual basis during the first three months of the new fiscal year (FY) 2023/2024.
05.12.2023
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News by
Ahram Online
Egypt has revised down its growth projection for FY 2023/2024 to 3.5 percent, Hala El-Said, minister of planning and economic development, said.
05.12.2023
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News by
Ahram Online
President Abdel-Fattah El-Sisi issued a new regulation on Monday, signaling the reconstitution of the General Assembly of the Sovereign Fund of Egypt.
05.12.2023
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News by
Ahram Online
